Norway annual producer inflation increased to a four-month high of 73.6 in July 2022 from June’s of 68.8 in the prior month. Prices accelerated for both extraction and related services (132.9 percent vs 116.5 percent in June) and energy goods (138.3 percent vs 127.2 percent). Meanwhile, prices continued to rise for both electricity, gas, and steam (69.4 percent vs 100.1 percent) and manufacturing (31.5 percent vs 33.7 percent). On a monthly basis, producer prices climbed by 7.5 percent, the most in four months, accelerating from a 7.2 percent growth in June. source: Statistics Norway

Producer Prices Change in Norway averaged 7.93 percent from 2000 until 2022, reaching an all time high of 79.40 percent in March of 2022 and a record low of -18.70 percent in November of 2001. This page provides - Norway Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Producer Prices Change in Norway is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Producer Prices Change is projected to trend around 5.10 percent in 2023 and 2.20 percent in 2024, according to our econometric models.

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Norway Producer Prices Change



Calendar GMT Actual Previous Consensus TEForecast
2022-07-11 06:00 AM Jun 68.8% 64.6% 67.5%
2022-08-10 06:00 AM Jul 73.6% 68.8% 65.4%
2022-09-09 06:00 AM Aug 73.6%


Related Last Previous Unit Reference
Inflation Rate 6.80 6.30 percent Jul 2022
Harmonised Consumer Prices 126.00 124.30 points Jul 2022
Consumer Price Index CPI 124.20 122.60 points Jul 2022
Core Inflation Rate 4.50 3.60 percent Jul 2022
Core Consumer Prices 119.60 117.80 points Jul 2022
GDP Deflator 133.06 124.89 points Mar 2022
Producer Prices 231.20 215.00 points Jul 2022
Producer Prices Change 73.60 68.80 percent Jul 2022
Export Prices 202.10 182.70 points Jun 2022
Import Prices 188.80 175.60 points Jun 2022
Food Inflation 5.00 2.60 percent Jun 2022
CPI Transportation 131.40 130.30 points Jul 2022
CPI Housing Utilities 128.70 128.50 points Jul 2022
Inflation Rate Mom 1.30 0.90 percent Jul 2022

Norway Producer Prices Change
In Norway, the Producer Price Index measures the price development of first hand sales of products to the Norwegian market, from Norwegian production and export. Manufacturing prices account for 54 percent of the total index. The biggest segments within Manufacturing prices are: Food, beverages and tobacco (12 percent), refined petroleum products (8 percent) machinery and equipment (6 percent) and basic metals (5 percent). Extraction and related services account for 41 percent, Electricity, gas and steam account for 4 percent and Mining and quarrying account for 1 percent.
Actual Previous Highest Lowest Dates Unit Frequency
73.60 68.80 79.40 -18.70 2000 - 2022 percent Monthly
2000=100

News Stream
Norway Producer Inflation at 4-Month High
Norway annual producer inflation increased to a four-month high of 73.6 in July 2022 from June’s of 68.8 in the prior month. Prices accelerated for both extraction and related services (132.9 percent vs 116.5 percent in June) and energy goods (138.3 percent vs 127.2 percent). Meanwhile, prices continued to rise for both electricity, gas, and steam (69.4 percent vs 100.1 percent) and manufacturing (31.5 percent vs 33.7 percent). On a monthly basis, producer prices climbed by 7.5 percent, the most in four months, accelerating from a 7.2 percent growth in June.
2022-08-10
Norway Producer Inflation Highest in 3 Months
Norway annual producer inflation rose to a three-month peak of 68.8 in June 2022 from 64.6 in the prior month. Prices accelerated for all components: extraction and related services (116.5 percent vs 114.6 percent in May); electricity, gas, and steam (100.1 percent vs 96.8 percent); energy goods (127.2 percent vs 122.5 percent); and manufacturing (33.7 percent vs 30.7 percent). On a monthly basis, producer prices grew by 7.2 percent, the most in three months, picking up sharply from a 1.7 percent gain in May.
2022-07-11
Norway Producer Inflation Slows in May
Norway annual producer inflation eased for the second straight month to 64.6 percent in May of 2022 from 66.4 percent in the previous month. Prices slowed for extraction and related services (114.6 percent vs 127.3 percent in April); electricity, gas, and steam (96.8 percent vs 120.4 percent); and energy goods (122.5 percent vs 135.1 percent). On the contrary, prices rose further for manufacturing (30.7 percent vs 26.8 percent). On a monthly basis, producer prices advanced 1.7 percent, rebounding from a 7.2 percent gain in April.
2022-06-10